omnicom group (OMC) Key Developments

BigBee Considering Sale Of Minority Stake

Mar 10 15

Afonso Abelhao, Co-Founder and Chief Executive Officer of Big Bee Publicidade Ltda states that BigBee is looking to sell a minority stake to raise funds for expansion. BigBee will use the sale proceeds mainly to hire new staff. The potential buyers would be Havas SA, Publicis Groupe SA (ENXTPA:OMC), Omnicom Group Inc. (NYSE:OMC) and Grupo ABC Ltda.

Omnicom Group Inc. Announces Quarterly Dividend for the Fourth Quarter 2014, Payable on April 7, 2015

Feb 10 15

The board of directors of Omnicom Group Inc. increased quarterly dividend by 25% to $0.50 per share for the fourth quarter 2014. The dividend is payable on April 7, 2015 to shareholders of record as of March 9.

Omnicom Group Inc. Announces Consolidated Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Feb 10 15

Omnicom Group Inc. announced consolidated unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenue of $4,195.1 million against $4,058.1 million a year ago. EBITA was $609.4 million against $575.7 million a year ago. Operating income was $579.4 million against $551.2 million a year ago. Income before income taxes was $549.4 million against $511.4 million a year ago. Net income available for common shares was $323.9 million against $293.5 million a year ago. Net income per diluted share was $1.30 against $1.13 a year ago.
For the full year, the company reported revenue of $15,317.8 million against $14,584.5 million a year ago. EBITA was $2,051.2 million against $1,926.1 million a year ago. Operating income was $1,944.1 million against $1,825.3 million a year ago. Income before income taxes was $1,810.0 million against $1,660.9 million a year ago. Net income available for common shares was $1,083.6 million against $966.0 million a year ago. Net income per diluted share was $4.27 against $3.71 a year ago. Capital expenditures were $213 million. Net debt position at the end of the period was $2.2 billion.

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.